PPP Loan information for Pappy's place

$127,484

Pappy's place was initially approved for PPP Loan of amount $127,484, the current approved amount is $127,484. The loan was approved on 01/17/2021 by The Sterling State Bank reported 26 jobs and $127,484 was used to fund payroll.

Pappy's place is Existing or more than 2 years old

PAPPY'S PLACE

Date Approved

01/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PAPPY'S PLACE

Borrower Address

1635 Highway 52 N

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55901-1643

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127484.00

Current Approval Amount

127484.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-1643

CD

MN-01

Jobs Reported

26

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

127480.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

128875.70

Forgiveness Date

02/17/2022

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